Ethereum (ETH) is 279559.2× the size of Anchored Coins AEUR (AEUR) by market capitalisation. Over the past 1 year, AEUR is ahead by 44.3 percentage points (AEUR +3.2% against ETH -41.1%). Their daily returns move barely together (correlation 0.27 across 348 shared trading days). ETH has been the more volatile of the two, at 65% annualised against AEUR's 22%.
| Period | AEUR | ETH | Ahead |
|---|---|---|---|
| 7 days | +0.37% | +4.23% | ETH |
| 30 days | +1.53% | +13.15% | ETH |
| 90 days | -1.52% | +54.23% | ETH |
| 1 year | +3.22% | -41.08% | AEUR |
| Metric | AEUR | ETH |
|---|---|---|
| Max drawdown (400d) | -11.4% | -67.5% |
| Risk-adjusted return (90d) | -0.12 | 0.97 |
| Best 30 days (past year) | — | +34.1% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: AEUR outperformed ETH by 17.9% — measured on the AEUR/ETH ratio, so it holds regardless of market direction.
Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.